DUBLIN--(BUSINESS WIRE)--The "Global Soldier Modernization Market - Industry Analysis and Market Forecast (2018-2023)" report has been added to Research and Markets' offering.
The net revenues from modernization of soldiers in 2014 is about $6.5 billion, expected to grow at a CAGR of 3.32% by 2020.
All soldiers carry equipment required for warfare and lifesaving equipment. The net weight of carrying these equipment prevents them from being agile, mobile and effective in the face of war especially the difficult terrains, high elevations and fast-paced operations that today's troops experience, the weight on their shoulders is critical.
As a result they often tend to leave the lifesaving equipment as it is the heaviest compared to rest which is highly dangerous to their lives. The key to soldier modernization industry is to reduce the weight of equipment to the lowest possible without compromising protection and performance.
With the advancement in technology modernization of soldier equipment is moving fast. For example, advancements in networked electronic and optic equipment helps a lot like wearable computer on the vests of soldiers can display the exact image from their sight on their helmet mounted optronics or their tactical PDA. With around-the-corner sighting, they can see without being seen, and observe the enemy without exposing themselves to danger.
The soldier digital radio delivers totally secure real-time voice and data owing to the C4 principle for soldiers. New protective gears light ballistic vest (capable of resisting handguns, shrapnel and knives), ballistic plate effective against armor-piercing bullets, NBC (nuclear, biological, chemical) protection, including assisted respiration, and equipment dedicated to crowd control can be used for protection of hands, knees etc.
Key Topics Covered:
1. Research Methodology
2. Key Findings of The Study
3. Executive Summary
4. Market Overview
5. Market Dynamics
6. Soldier Modernization Market
7. Competitive Intelligence - Company Profiles
8. Investment Analysis
9. Future Of Soldier Modernization Market
- Bae Systems Plc
- General Dynamics Corporation
- Safran Group
- Lockheed Martin
- Elbit Systems
For more information about this report visit https://www.researchandmarkets.com/research/b6xhpn/global_soldier